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What else can I help you with?
Must be subtracted from sales to reach the contribution margin?
To reach the contribution margin, variable costs must be subtracted from sales revenue. These variable costs include expenses that fluctuate with production levels, such as direct materials, direct labor, and variable manufacturing overhead. The contribution margin represents the portion of sales revenue that contributes to covering fixed costs and generating profit. Thus, understanding and managing these variable costs is crucial for assessing profitability.
Why is Variable costing is a good method for internal reporting especially?
It informs the management that how much any unit of product is helping towards recovering the fixed cost.
How do you calculate direct contribution?
Direct contribution is calculated by subtracting variable costs from sales revenue. The formula is: Direct Contribution = Sales Revenue - Variable Costs. This metric helps assess the profitability of individual products or services by indicating how much revenue is available to cover fixed costs and generate profit. It's often used in break-even analysis and decision-making.
Which is NOT a way that an entrepreneur could increase the contribution margin or profit of each unit sold?
One way an entrepreneur cannot increase the contribution margin or profit of each unit sold is by increasing variable costs, such as production or material expenses. Higher variable costs directly reduce the contribution margin, as they increase the cost associated with each unit sold. Instead, entrepreneurs should focus on reducing these costs or increasing the selling price to improve profitability.
How segregate the semi variable cost?
In semi variable cost :variable cost = change in cost/change in output then with that rate * output = variable cost semi variable cost - variable cost = fixed cost
What is an intervening variable?
An intervening variable is an internal state that is hypothetical in empirical research. It explains the relationships between variables being observed.
What is an interdependent variable?
An intervening variable is an internal state that is hypothetical in empirical research. It explains the relationships between variables being observed.
What are interfering variables?
An intervening variable is a hypothetical internal state that is used to explain relationships between observed variables
What is an example of intervening variable?
An example of an intervening variable is stress, which can impact the relationship between hours of sleep and academic performance. In this case, stress mediates the relationship by influencing both the amount of sleep a person gets and their academic performance.
Intervening variable can be measured?
Intervening variables cannot be directly measured because they are theoretical constructs that explain the relationship between the independent and dependent variables in a study. Their impact is inferred based on the relationship between the variables of interest.
How do variable costs impact the overall profitability of a business?
Variable costs directly impact the overall profitability of a business by increasing or decreasing based on the level of production or sales. When variable costs rise, it reduces the profit margin, while lower variable costs can lead to higher profits. Managing variable costs effectively is crucial for maximizing profitability in a business.
Is there an internal variable for an object's speed in Game Maker?
Yes, the internal variable for an object's speed in Game Maker is <Object_Name>.speed.
If you open the faucet then it will increase the flow of water what is confonunding and intervening variable in this example?
if i open the faucet, then it will increase the flow of water?
What is the difference between moderating and extraneous variables?
Extraneous variable a.k.a. Confounding vaiable is a variable that affects an independent variable n also afects a dependent variable at d same time confounding relatnship btn the independent and dependent variable. Mediating variable a.k.a. Intervening variable, it is a variable forming a link btn two variables that are causualy conected.
How are resources inter dependent?
The dependent variable depends on the idependent variable
Make up three situations in which motivation to work would be an independent variable an intervening variable and a moderating variable?
motivation to work is a moderating varaible , because it is not aleways consisitent adn there are various factors which go about in making a person work
What is used in experiments but not in the correlational method?
In experiments, researchers manipulate an independent variable to observe its effect on a dependent variable under controlled conditions. This manipulation is not feasible in the correlational method, which simply looks for relationships between variables without intervening or manipulating them.
